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Well fitted TAKEAWAY FISH & CHIPS

Price:
Leasehold - £155,000
Turnover:
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Seller Ref:
R2874
Location:

London, South London

Business Type:

Food Service Businesses

See Other:
Other takeaways for sale in London
Fish & chip shops for sale in London
Other food service businesses for sale in London
Food service businesses for sale in London
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : SPACIOUS TAKEWAY FISH & CHIP SHOP with ceramic tiled floor. 3 tables plus 12 chairs. Attractive counter, 3-pan Preston & Thomas fish range, 2 electronic cash registers.

PREPARATION ROOM with upright deep freeze, 4 chest deep freezes, 3 small under-counter stainless steel fridges, 1 upright Sadia fridge, double sink and drainer, single sink and drainer.

Wash-up kitchen area with double sink and drainer

Included in the lease is a REAR RESTAURANT with separate entrance. We understand the restaurant has seating for 32 persons and is let on a 3 year licence from the 15th August, 2011 and provides a rental income we understand of £9,100 p.a.

WE ARE INFORMED the turnover is in the region of £5,500 p.w. in our opinion offering tremendous potential for further increase in the right hands and indeed with the introduction of home deliveries. (It should be noted we understand that there are approximately 40 football matches held at Crystal Palace Football Ground and this greatly enhances the turnover on matchdays.

We understand the entire premises are held on a secure renewable lease for a period of 25 years from the 24th March, 2009 at a current rental of £14,000 p.a. exclusive of rates up to March, 2014, with rent review at that time and thereafter every 5 years. (As will be appreciated with the rental income from the ground floor restaurant, together with the flats over let at the present time there is a total rental income at the present time of £34,080 there is a profit rental at the present time of £20,080 p.a).

Uniform Business Rates we are advised only £580 p.a. (after small business relief)

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

REALISTICALLY PRICED FOR EARLY SALE

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTING £155,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Occupying an excellent main road trading position, LONDON SE
Trading Hours:
Sunday - Thursday inclusive - 12 noon - 11 p.m.
Friday & Saturday - 11 a.m. - 12 midnight
Accommodation:
The accommodation in the form of 3 LUXURY FLATS over, are currently let on shorthold tenancies, comprises:

1 Luxury Flat, comprising:

1 Double Bedroom
Fully tiled bathroom with bath, w.c. and wash hand basin
Large Lounge with fitted kitchen area

In addition there are 2 further Luxury Flats, each comprising:

1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Lounge with fitted kitchen area

1 flat is currently let at £850 per month whilst the other 2 flats are let at £620 per month each providing a total rental income from the flats of £2,090 per month.

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